The mortgage ba lance is £200,000, if I pay this off can the property be updated with me as a sole owner if my partner agrees to this.
This is to save the house if my husband is declared bankrupt.
Yes it can provided your husband gets the cash to cover his equity.
So, if the house is worth £500,000 and the house mortgage is £200,000, there is £300,000 with of equity of which £150,000 is your husband's and it is that which is at risk. If you had enough money to pay the mortgage balance off, you would actually be better off instead, buying your husband share of the equity for £150,000 and having the house in your sole name. Then it is safe although obviously the money that your husband got is at risk.
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